Canadian Business Journal and International Resource Journal Highlight CORRE in Recent Publications
07 December 2011 - 1:00AM
Marketwired
Canadian Oil Recovery and Remediation Enterprises Ltd. (TSX
VENTURE:CVR)(OTCQX:CRVYF) ("CORRE" or the "Company") was
highlighted in the December 2011 issues of the Canadian Business
Journal ("CBJ"), a leading Canadian business publication, and the
International Resource Journal ("IRJ"), an internationally renowned
journal focused on global businesses of alternative energy, mining,
oil and gas and renewable fuels.
The full-length article, available on CORRE's website
http://www.corre.com/index.php?option=com_%20content&view=article&id=33&Itemid=344,
describes CORRE's capabilities and unique competitive position in
the Middle East as the Company focuses on capitalizing on the
lucrative environmental oil waste clean-up opportunities that exist
in this region. The article further illustrates CORRE's strengths
including its proven operating capabilities through its strategic
operating partnership with SAR AS, a Norwegian oil waste management
company, and the Company's pre-qualification with the Kuwait Oil
Company as approved supplier of three distinct service lines (soil
remediation, waste management and drill cuttings treatment). It
also notes the Company's progress into the Kingdom of Saudi Arabia
through the Company's largest shareholder, Al-Najah Advanced
Technology Co. Ltd., a subsidiary of the largest construction
company in the Kingdom.
The collective distribution of both the CBJ and the IRJ is
extensive and includes digital distribution to over 160,000
individual senior executives in Canada and across the globe. The
CBJ targets Canada's top business leaders to keep them informed of
current business news, industry topics and trends as well as
providing insight into major Canadian industries and enterprises.
The IRJ focuses on topics related to global businesses of
alternative energy, mining, oil and gas and renewable fuels. The
full featured article is posted on both the CBJ website
(http://www.cbj.ca/) and the IRJ website
(http://www.internationalresourcejournal.com/), in which both
average over 400,000 unique visitors monthly.
About CORRE
CORRE (www.corre.com) is a Canadian-based clean technology
company that provides innovative and complete oil waste management
and environmental solutions to its customers. CORRE's operating
lines include remediating oil-contaminated soil; treating sludge,
oil based muds and drilling waste; oil recovery; automated oil
storage tank cleaning; oil and gas engineering, and project
management. CORRE provides its services through its owned and
operated Advanced Recovery Equipment Systems ("ARES") and through
strategic operating partnerships. ARES is a platform of services
and operating equipment facilities based on proven technologies and
innovative operating processes. CORRE's customers are primarily in
the upstream petroleum sector (oil production and drilling
companies) and downstream petroleum sector (oil refinery,
transportation and distribution companies).
Forward Looking Statements
Except for statements of historical fact relating to the
Company, certain information contained herein constitutes
forward-looking statements. Forward-looking statements are based on
the opinions and estimates of management at the date the statements
are made, and are subject to a variety of risks and uncertainties
and other factors that could cause actual events or results to
differ materially from those projected in the forward-looking
statements. Except as required by applicable securities
requirements, the Company undertakes no obligation to update
forward-looking statements if circumstances or management's
estimates or opinions should change. The reader is cautioned not to
place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of the release.
Contacts: CORRE LTD. Alex Gress CFO 416-368-4027agress@corre.com
CORRE LTD. Lindsay Cross 416-368-3050lcross@corre.com KCSA
Strategic Communications Todd Fromer 212-896-1215 KCSA Strategic
Communications Phil Carlson 212-896-1233Corre@kcsa.com
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